Deciding whether EquityExperts.pro is a trustworthy broker can be a confusing quest, with conflicting information swirling online. Diving deeper into the broker’s details, user reviews and red flags unveils a concerning picture, suggesting you proceed with extreme caution.
What is EquityExperts.pro?
EquityExperts.pro presents itself as a cutting-edge online forex and CFD broker, promising attractive trading conditions and access to various financial instruments. However, numerous red flags cast doubt on its legitimacy and raise suspicions about its true intentions.
EquityExperts.pro Details
Regulated by: | Unregulated Scam Broker |
Is This Company Safe? | No |
Known Websites: | |
Have Warnings from: | BaFin |
Registered in: | UK (allegedly) |
Operating since: | 2023-10-03 |
Trading Platforms: | Web |
Maximum Leverage: | 1:500 |
Minimum Deposit: | 250 USD |
Deposit Bonus: | 30%-100% |
Trading Assets: | Forex, Indices, Commodities, Stocks, Cryptocurrencies |
Free Demo Account: | Unavailable |
How to Withdraw from This Company? | Since this company is unlikely to return your money – contact your bank or financial regulator, or simply reach out to us for professional assistance in recovering your funds. |
Deposits and Withdrawals
EquityExperts.pro accepts deposits through various methods, including credit cards, wire transfers, and e-wallets. However, user reviews raise concerns about withdrawal processing times and difficulties accessing funds. Some users report facing delays, technical issues, and unresponsive customer support when attempting to withdraw their money.
If you have lost money to companies like AAG Markets, or AlterCoin; please report it to us on our Report a Scam form.
Account Types
EquityExperts.pro offers four account types with varying spreads, leverage, and minimum deposit requirements. While seemingly catering to different experience levels, the high leverage offered in all accounts poses a significant risk, especially for beginner traders.
Red Flags and Warning Signs
According to the legal documents, the company’s headquarters are in the United Kingdom. However, other from the broker’s website, this business does not exist anywhere. The Financial Conduct Authority (FCA) of the United Kingdom does not have a broker associated with EquityExperts.
Further investigation revealed that on November 14, 2023, the platform was the target of a warning from the German regulator BaFin, which claimed that “the operator is providing financial and investment services on this website without the required authorization.”
The broker cannot be trusted as a result. The financial reward plan that all reputable European brokers offer is implied to be unaffected by the absence of a license.
Customer Complaints and Negative Reviews
A quick search online reveals numerous negative reviews and complaints about EquityExperts.pro. Users share experiences with withdrawal delays, unresponsive customer service, and suspicions of manipulated trading conditions. These complaints paint a disturbing picture and raise serious doubts about the broker’s integrity.
EquityExperts.pro Alternative Brokers
If you’re seeking a reliable and trustworthy forex and CFD broker, consider reputable alternatives regulated by established financial authorities like the FCA, CySEC, or ASIC. These regulators enforce strict standards to protect client funds and ensure fair trading practices. Opting for a licensed and regulated broker offers peace of mind and minimizes the risk of falling victim to a scam.
Got Scammed by EquityExperts.pro? We Help Victims!
If you’ve unfortunately fallen victim to EquityExperts.pro’s practices, know that you’re not alone. Resources exist to help you recover your losses and seek legal recourse. Consider contacting financial regulators, reporting the scam to relevant authorities, and seeking legal advice to explore potential options for reclaiming your funds.
Remember, exercising caution and thorough research before entrusting your money to any online broker is crucial. By prioritizing licensed and regulated platforms with a proven track record and positive user reviews, you can significantly reduce the risk of encountering a scam like EquityExperts.pro or You Can report to us today by the below form.
